other material
confidence high
sentiment neutral
materiality 0.50
Bank of America shareholders approve equity plan amendment, adding 100M shares
BANK OF AMERICA CORP /DE/
- Amendment increases shares available for grant by 100M; as of March 3, 2025, ~85M shares remained.
- Directors' annual equity plus cash fees capped at $1M total value, subject to exceptions.
- Plan term extended to April 21, 2035; last approved by shareholders in 2024.
- Say on pay passed with 71% support; all 14 director nominees elected.
- Shareholder proposals on climate, animal welfare, and director overboarding defeated with >85% against.